Contents 1 Early life 2 Banking Business 3 Civic Life 4 References 5 Bibliography 6 Further reading


Early life[edit] Orra E. Monnette was born in southern Crawford County, Ohio to Mervin J. Monnette and Olive Hull Monnette. Monnette's father was involved in farming, raising stock, and banking. Mervin J. Monnette, along with his brothers established the town of Monnett in southern Crawford County, Ohio for the purposes of shipping cattle to the markets north of their farms. His family were staunch members of the Methodist Episcopal Church (aka "M.E. Church") which is now part of the modern United Methodist Church. Monnette's great-grandfather was the Reverend Jeremiah Crabb Monnett, an itinerant Methodist Episcopal preacher who lead the settlement of Southern Crawford County by M.E. Church members. Monnette attended Ohio Wesleyan University in Delaware, Ohio, where he joined the Phi Kappa Psi fraternity.[2] A first cousin of his grandfather – Mary Monnett Bain – had donated a sizable sum to the college in the 1850s which resulted in the building of Monnett Hall. In his youth, Monnette also helped in the organization of subscriptions for the building of Monnett Memorial M. E. Chapel in Crawford County Ohio. Monnette was admitted to the Ohio bar in 1896, practicing in Bucyrus, Ohio, and later relocating to Toledo, Ohio. He was admitted to the California bar in 1909.


Banking Business[edit] While Monnette was trained as an attorney, his father’s foray into mining in 1904-1906 changed his career path. In 1906, the elder Monnette struck a significant gold vein in the previously thought tapped out Mohawk Mine, Tonopah, Nevada (near Goldfield, Nevada). The strike, known as the Monnette-Hayes Lease set records for the value of the ore shipped in 1906. Eventually, Mervin Monnette realized a $5,000,000 profit on the Mohawk, which he assigned to his son for investment. With his father’s mining proceeds, Orra Monnette began purchased stock in Los Angeles area banks. Eventually, this led to a controlling interest in the American National Bank of Los Angeles (ANB). In 1909, ANB was merged into Citizens Trust and Savings Bank of Los Angeles. In 1911, Monnette purchased the Broadway Bank and Trust Company, which when merged with the family’s other holdings formed the Citizens Bank and Trust Company, of which Orra E. Monnette was Chairman of the Board. Monnette left Citizens in 1922. His next venture, opening at the corner of Wilshire and Western Avenues in Los Angeles in 1923 was christened Bank of America, Los Angeles (BoA). On opening day, the bank posted an operating capital of one million dollars. Monnette’s intention was to build capital for national expansion; however, over the course of the 1920s, Bank of Italy's Amadeo Giannini began buying stock in BoA, L.A. In 1928 Monnette and Giannini, agreed that a merger of both entities under the Bank of America name promised the best opportunity for all concerned. As part of the deal, Monnette sold his rights to the "Foundation Story" of the combined entity. Monnette was growing concerned about the stock and financial markets. The formal name change to Bank of America National Trust and Savings Bank. Initially, Monnette was named Co-chairman of the new BoA and made a Director of the bank. During the early 1930s, with his interests elsewhere, Monnette was made a Vice President in the bank and retained his Board seat. Monnette also founded the Lincoln Mortgage Company of California, which was not included in the BoA merger. Monnette retained control of the company and continued to serve as its President until his death.


Civic Life[edit] Bronze plaque, dedicated to Orra E. Monnette, President of the Los Angeles Public Library system from 1915-1936. The plaque is on display in the Los Angeles Central Library rotunda and replaces an earlier bronze bust of Monnette lost in the Central Library fire. Throughout his life in Los Angeles, California, Orra Monnette served on numerous commissions and boards charged with public projects and the operation of various public organizations. Monnette was appointed to the Los Angeles Municipal Annexation Commission in 1913, to the Los Angeles City Planning Commission in 1920 and was made a member of the Board of Freeholders which framed Los Angeles’ city charter between 1923 and 1924. In 1914, Monnette was appointed to the Los Angeles Public Library Board, and reappointed every five years until his death in 1936. Monnette was elected President of the Library Board in 1916,[3] and retained that office until his death as well. During the twenty-three years of his tenure, Monnette championed three major library bond packages which were supported by the citizens of Los Angeles. The bond packages allowed the city to build forty-eight (48) branches throughout the Los Angeles area as well as the landmark art deco Central Library in Downtown Los Angeles. In 1907, Monnette became a Life Member of the Sons of the Revolution in the State of California. An avid genealogist, he brought experience and leadership to the evolution of the society's library, founded in 1893, which remains open free to the public as a public service of that organization. Mervin Jeremiah Monnette, Orra's father, joined him as a Life Member in 1908.[4][5]"> Orra E. Monnette died in Los Angeles California in 1936; his death was noted in the Los Angeles City Council minutes following the passage of a resolution in his honor. In addition to the placement of a memorial bronze bust of Monnette honoring him in the lobby of the Main Library, in 1961 his complete genealogical library of over 1,700 books on the subject and history, along with genealogical notes were given to the Los Angeles Public Library System. The book collection remains an important part of genealogy section for the Central Library, and the private papers and genealogical notes are held by accessible in the manuscript division. In 2006, the remainder of Monnette's personal papers were given to the Huntington Library in San Marino, California. A street in Koreatown (intersecting Western Avenue at the location of his father's former mansion) "Monnette Place" is named in his honor.


References[edit] ^ Ira Brown Cross, Financing an empire: history of banking in California (The S. J. Clarke Publishing Company, 1927), 318. ^ Grand Catalogue of the Phi Kappa Psi Fraternity: February 1, 1910, page 122 ^ Board of Directors, Los Angeles Public Library, Annual report of the Board of Directors of the Los Angeles Public Library (No Printer Name Given, 1916), [1]. ^ http://www.srcalifornia.com/library/library_history.htm ^ Breithaupt, page 228.


Bibliography[edit] Breithaupt, Jr., Richard Hoag, 1994, Sons of the Revolution in the State of California. Centennial Register 1893-1993, Walika Publishing Company, ISBN 1-886085-00-5


Further reading[edit] Resolution Concerning the Death of Orra E. Monnette, Los Angeles City Council, February 1936. Los Angeles Examiner February 24, 1936 “O.E. Monnette Loses Battle Against Death” v t e Phi Kappa Psi Main Pages Notable Phi Psis Chapters and colonies Grand Arch Councils Grand Chapters and Grand Chapter Award winners Founders William Henry Letterman Charles Page Thomas Moore Presidents Joseph Benson Foraker (1886–1888) Robert Lowry (1888–1890) John Patterson Rea (1890–1892) William Clayton Wilson (1892–1894) Walter Lisle McCorkle (1894–1898) George William Dun (1898–1900) Ernest Milmore Stires (1900–1902) Edward Lawrence Fell (1902–1904) George Bramwell Baker (1904–1906) Charles Frederick Mather Niles (1906–1908) David Halstead (1908–1910) George Smart (1910–1912) Orra Eugene Monnette (1912–1914) Sion Bass Smith (1914–1916) Henry Hale McCorkle (1916–1918) Walter Lee Shephard (1918–1920) Dan Gardner Swannell (1920–1922) George Duffield McIlvaine (1922–1924) Shirley Edwin Meserve (1924–1926) Howard Chandler Williams (1926–1928) Harold Guyon Townsend (1928–1930) Edward Morris Bassett (1930–1932) Thomas Aubrey Cookson (1932–1934) Harry Lambright Snyder (1934–1936) Leverett S. Lyon (1936–1938) Charles Edwin Strickland (1938–1940) Andrew Gehr Truxal (1940–1942) Harry Stewart Gorgas (1942–1946) Winston Rousseau Tate (1946–1948) Howard Leeman Hamilton (1948–1950) Harlan Bovell Selby (1950–1952) J. Bart Aldridge (1952–1954) Willis Lyle Jones (1954–1956) Edward Tyler Sturgeon (1956) James Colburn Addison (1956–1958) Robert Roy Elliott (1958–1960) Webb Morse Mize (1960–1962) Louis Damarin Corson (1962–1964) Robert Eugene Leber (1964–1966) Ralph Rudolph Haney (1966–1968) Walter Lee Shephard Jr. (1968–1970) Philip Martin Cornelius (1970–1972) Mark David Sullivan (1972–1974) Thomas Louis James (1974–1976) J. Kenneth Potter (1976–1978) Robert W. Chamberlain (1978–1980) John R. Donnell Jr. (1980–1982) John K. Boyd III (1982–1984) George W. Humphries (1984–1986) David Franklin Hull Jr. (1986–1988) John Robert Meserve (1988–1990) Robert Ellsworth Lazzell (1990–1992) Richard Eugene Ong (1992–1994) David Lester Woodrum (1994–1996) Gregory Charles Knapp (1996–1998) John D. Watt III (1998–2000) Steven E. Nieslawski (2000–2002) John V. Ciccarelli (2002–2004) James R. Blazer II (2004–2006) Stephen O'Rourke (2006–2008) Paul R. Wineman (2008–2010) J. Tryon Hubbard Jr. (2010–present) Authority control WorldCat Identities VIAF: 55650470 LCCN: n86844021 SNAC: w6kw74w1 Retrieved from "https://en.wikipedia.org/w/index.php?title=Orra_E._Monnette&oldid=825860121" Categories: 1873 births1936 deathsPeople from Crawford County, OhioPeople from Los AngelesAmerican bankersBank of America peopleOhio Wesleyan University alumniHidden categories: Wikipedia articles with VIAF identifiersWikipedia articles with LCCN identifiersWikipedia articles with SNAC-ID identifiers


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EnlargeBank Of AmericaL.A.Crawford County, OhioMonnett, OhioMethodist Episcopal ChurchUnited Methodist ChurchOhio Wesleyan UniversityDelaware, OhioPhi Kappa PsiMary Monnett BainMonnett Memorial M. E. ChapelBucyrus, OhioToledo, OhioTonopah, NevadaGoldfield, NevadaBank Of America, Los AngelesAmadeo GianniniBank Of AmericaEnlargeLos Angeles, CaliforniaLos Angeles Public LibrarySons Of The RevolutionHuntington LibrarySan Marino, CaliforniaInternational Standard Book NumberSpecial:BookSources/1-886085-00-5Template:Phi Kappa PsiTemplate Talk:Phi Kappa PsiPhi Kappa PsiBook:Phi Kappa PsiList Of Phi Kappa Psi BrothersList Of Phi Kappa Psi Chapters And ColoniesList Of Phi Kappa Psi Grand Arch CouncilsList Of Phi Kappa Psi Grand Chapters And Grand Chapter Award WinnersWilliam Henry LettermanCharles Page Thomas MooreJoseph B. ForakerRobert Lowry (hymn Writer)John Patterson ReaErnest M. StiresLeverett S. LyonAndrew TruxalHelp:Authority ControlVirtual International Authority FileLibrary Of Congress Control NumberSNACHelp:CategoryCategory:1873 BirthsCategory:1936 DeathsCategory:People From Crawford County, OhioCategory:People From Los AngelesCategory:American BankersCategory:Bank Of America PeopleCategory:Ohio Wesleyan University AlumniCategory:Wikipedia Articles With VIAF IdentifiersCategory:Wikipedia Articles With LCCN IdentifiersCategory:Wikipedia Articles With SNAC-ID IdentifiersDiscussion About Edits From This IP Address [n]A List Of Edits Made From This IP Address [y]View The Content Page [c]Discussion About The Content Page [t]Edit This Page [e]Visit The Main Page [z]Guides To Browsing WikipediaFeatured Content – The Best Of WikipediaFind Background Information On Current EventsLoad A Random Article [x]Guidance On How To Use And Edit WikipediaFind Out About WikipediaAbout The Project, What You Can Do, Where To Find ThingsA List Of Recent Changes In The Wiki [r]List Of All English Wikipedia Pages Containing Links To This Page [j]Recent Changes In Pages Linked From This Page [k]Upload Files [u]A List Of All Special Pages [q]Wikipedia:AboutWikipedia:General Disclaimer



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